G8 Education Ltd (ASX: GEM) has continued its rapid descent today after it announced its intentions to purchase junior rival Affinity Education Group Ltd (ASX: AFJ). The the once high-flying childcare operator will have to issue new shares to complete the acquisition (offering one of its own shares for every 4.61 Affinity Education shares) which will have a dilution effect on shareholder ownership.
source:http://www.**promotion blocked**.au/2015/07/03/4-stocks-getting-slammed-on-the-market-today/
G8 Education Ltd (ASX: GEM) has continued its rapid descent...
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Last
$1.17 |
Change
0.015(1.30%) |
Mkt cap ! $902.7M | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.18 | $1.16 | $1.354M | 1.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 404 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 51097 | 4 |
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| Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
| GEM (ASX) Chart |